Summary
Southern Copper Corporation's 2005 Form 10-K reveals a company operating as a large accelerated filer, indicating significant size and established reporting status. The company's primary business is the mining and processing of copper, with its common stock listed on the New York Stock Exchange and Lima Stock Exchange, and certain notes traded on the Luxembourg Stock Exchange. The report confirms SCCO is not a shell company and has met its filing requirements for the preceding 12 months and 90 days. For investors, the key takeaway from this 2005 filing is the company's established market presence and financial transparency. The aggregate market value of non-affiliate shares outstanding as of January 31, 2006, was approximately $3.19 billion, underscoring its substantial capitalization. While this filing provides a snapshot of its operational and reporting status at the close of 2005, investors should look to subsequent filings and financial statements for detailed performance metrics, such as revenue, profitability, and operational expansions, which are critical for evaluating the company's ongoing value.
Key Highlights
- 1Southern Copper Corporation (SCCO) is a large accelerated filer, demonstrating a mature and significant presence in the market.
- 2The company's common stock is publicly traded on the New York Stock Exchange and the Lima Stock Exchange.
- 3SCCO has met all required reporting obligations for the past 12 months and the last 90 days.
- 4As of January 31, 2006, the market value of SCCO's outstanding shares held by non-affiliates was approximately $3.19 billion.
- 5The company has no indication of being a shell company.
- 6SCCO has $200 million in 6.375% Notes due 2015 and $600 million in 7.500% Notes due 2035 outstanding, listed on the Luxembourg Stock Exchange.